Jeff Yass Susquehanna International Group
Jeff Yass is a co-founder of Susquehanna International Group (SIG), a major global trading and market-making firm. SIG is known for options expertise, quantitative trading, and a training culture grounded in probabilistic decision-making. Yass’s firm is influential across derivatives markets even though it is less of a traditional long-only stock-picking franchise.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$879M |
| 2 |
Bank of America
BAC
|
+$352M |
| 3 |
Intel
INTC
|
+$243M |
| 4 |
VanEck Gold Miners ETF
GDX
|
+$232M |
| 5 |
AB InBev
BUD
|
+$188M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$1.82B |
| 2 |
Amazon
AMZN
|
+$884M |
| 3 |
Air Products & Chemicals
APD
|
+$219M |
| 4 |
Mondelez International
MDLZ
|
+$198M |
| 5 |
WFT
Weatherford International plc
WFT
|
+$181M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 1.22% |
| 2 | Technology | 1.15% |
| 3 | Consumer Discretionary | 1.1% |
| 4 | Financials | 1.05% |
| 5 | Communication Services | 0.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
CALL
Invesco
IVZ
$14.4B
| $12.8M | 0.01% |
416,400
-185,000
| -31% | -$5.78M |
|
|
ASRT
1402
CALL
DELISTED
Assertio
ASRT
| $12.7M | 0.01% |
16,893
-2,284
| -12% | -$2.31M |
|
1403
PUT
Agios Pharmaceuticals
AGIO
$2.02B
| $12.7M | 0.01% |
217,700
+23,600
| +12% | +$1.13M |
|
|
S
1404
CALL
DELISTED
Sprint Corporation
S
| $12.7M | 0.01% |
1,463,200
-624,900
| -30% | -$5.46M |
|
1405
CALL
Boston Properties
BXP
$11.5B
| $12.7M | 0.01% |
95,800
+75,100
| +363% | +$9.96M |
|
|
CXO
1406
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $12.7M | 0.01% |
98,800
-68,800
| -41% | -$9.26M |
|
1407
PUT
Parker-Hannifin
PH
$128B
| $12.6M | 0.01% |
78,900
+44,500
| +129% | +$6.76M |
|
|
SF
1408
CALL
Stifel
SF
$12B
| $12.6M | 0.01% |
565,425
+103,500
| +22% | +$2.38M |
|
1409
CALL
Analog Devices
ADI
$181B
| $12.6M | 0.01% |
153,800
-21,900
| -12% | -$1.72M |
|
|
UN
1410
PUT
DELISTED
Unilever NV New York Registry Shares
UN
| $12.6M | 0.01% |
253,700
+151,800
| +149% | +$6.8M |
|
|
PNRA
1411
DELISTED
Panera Bread Co
PNRA
| $12.6M | 0.01% |
+48,101
| New | +$10.9M |
|
1412
CALL
3D Systems Corp
DDD
$535M
| $12.6M | 0.01% |
840,900
-79,900
| -9% | -$1.25M |
|
1413
PUT
Healthpeak Properties
DOC
$14.9B
| $12.5M | 0.01% |
400,800
+38,500
| +11% | +$1.18M |
|
1414
PUT
Ciena
CIEN
$54.9B
| $12.5M | 0.01% |
530,500
-160,800
| -23% | -$3.94M |
|
1415
PUT
Citizens Financial Group
CFG
$29.4B
| $12.5M | 0.01% |
361,800
+257,700
| +248% | +$9.4M |
|
1416
Kroger
KR
$35.8B
| $12.5M | 0.01% |
422,645
+138,375
| +49% | +$4.42M |
|
|
ZAYO
1417
CALL
DELISTED
Zayo Group Holdings, Inc.
ZAYO
| $12.4M | 0.01% |
378,400
-16,300
| -4% | -$520K |
|
|
EBIX
1418
PUT
DELISTED
Ebix Inc
EBIX
| $12.4M | 0.01% |
202,900
+105,600
| +109% | +$6.27M |
|
|
SPLS
1419
PUT
DELISTED
Staples Inc
SPLS
| $12.4M | 0.01% |
1,415,800
+752,400
| +113% | +$6.78M |
|
1420
CALL
Realty Income
O
$59.5B
| $12.4M | 0.01% |
215,069
+22,704
| +12% | +$1.31M |
|
1421
CALL
Mettler-Toledo International
MTD
$28.1B
| $12.4M | 0.01% |
25,900
+600
| +2% | +$274K |
|
1422
PUT
MBIA
MBI
$250M
| $12.4M | 0.01% |
1,463,000
+729,300
| +99% | +$7.34M |
|
|
ARRS
1423
PUT
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $12.4M | 0.01% |
467,600
+420,400
| +891% | +$11.8M |
|
|
WLL
1424
DELISTED
Whiting Petroleum Corporation
WLL
| $12.4M | 0.01% |
4,357
-2,801
| -39% | -$9.06M |
|
1425
MSCI
MSCI
$41B
| $12.4M | 0.01% |
127,196
+116,323
| +1,070% | +$10.5M |
|
Similar funds
Jeff Yass's Q1 2017 Portfolio in Review
As of Q1 2017, Jeff Yass held 10,995 positions worth $198B, up 0.36% from $197B the previous quarter. Its ten largest holdings account for 22% of the portfolio.
Jeff Yass withdrew a net $13.1B in Q1 2017, closing 2,170 positions and reducing 3,725 holdings. Its most notable exit was Air Products & Chemicals, an estimated $219M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 1.2% of assets, down from 1.2% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Jeff Yass opened a new position in iShares MSCI EAFE ETF worth $131M.
- Jeff Yass's largest Q1 2017 buy was iShares MSCI EAFE ETF: 2,100,985 shares worth $131M.
- Jeff Yass added most to State Street SPDR S&P 500 ETF Trust in Q1 2017, an estimated $879M increase.
- Jeff Yass's biggest Q1 2017 reduction was Apple, cutting an estimated $1.82B.
- Jeff Yass fully exited Air Products & Chemicals in Q1 2017, selling an estimated $219M.
- Jeff Yass's ten largest holdings make up 22% of its $198B portfolio in Q1 2017.
- Jeff Yass opened 1,488 new positions and closed 2,170 in Q1 2017.
- Jeff Yass's portfolio value rose 0.36% quarter-over-quarter to $198B.
Based on Susquehanna International Group's 13F filing for Q1 2017, filed 15 May 2017.